CEO Lars Wagner will not extend his contract
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EQS-Ad-hoc: MTU Aero Engines AG / Key word(s): Personnel
Publication of inside information pursuant to Article 17 MAR
Publication of inside information pursuant to Article 17 MAR
MTU Aero Engines AG: CEO Lars Wagner will not extend his contract
München, 30. October 2024 | The CEO of MTU Aero Engines AG, Lars Wagner, has today informed the Chairman of the Supervisory Board that he will not be available for a further term of office beyond his mandate, which runs until 31 December 2025. Mr. Wagner will pursue new professional opportunities outside the company.
The Supervisory Board will address the issue of succession in the near future.
--------------------------------------------------- About MTU Aero Engines --- ----------------------------------------------
MTU Aero Engines AG is Germany’s leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, manufacturing and marketing of high-tech components together with international partners. Some 30 percent of today’s active aircraft in service worldwide have MTU components on board. In the commercial maintenance sector the company ranks among the top 3 service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country’s military. MTU operates a network of locations around the globe; Munich is home to its corporate headquarters. In fiscal 2023, the company had a workforce of more than 12,000 employees and posted consolidated sales of 6.3 billion euros.
www.mtu.de | MTU Aero Engines | mtu_aero_engines | MTU Aero Engines | @MTUaeroeng
--------------------------------------------------------------- Contact -------------------------------------------------------------------
Thomas Franz | Vice President Investor Relations | +49 (0) 89 -1489 4787 | Investorrelations@mtu.de Marc Sauber | SVP Corporate Communications and Public Affairs | +49 (0) 151-57964416 | marc.sauber@mtu.de
End of Inside Information
30-Oct-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | MTU Aero Engines AG |
| Dachauer Straße 665 | |
| 80995 München | |
| Germany | |
| Phone: | +49 (0)89 14 89-4787 |
| Fax: | +49 (0)89 14 89-95583 |
| E-mail: | Thomas.Franz@mtu.de |
| Internet: | www.mtu.de |
| ISIN: | DE000A0D9PT0 |
| WKN: | A0D9PT |
| Indices: | DAX |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 2019371 |
| End of Announcement | EQS News Service |
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2019371 30-Oct-2024 CET/CEST
